Asian agri tax fraud
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The Supreme Court in accused a string of Asian Agri's subsidiaries of tax evasion and ordered the company to pay a 2. Tax evasion has long been rampant in graft-ridden Indonesia but authorities have been taking a tougher stance in recent years and have introduced a series of sweeping reforms. Asian Agri, which denies any wrongdoing, had already returned most of the lost taxes but refused to pay the fine. However it finally agreed to pay after authorities recently threatened to seize its assets. Setia Untung Arimuladi, spokesman for the attorney general's office, said that Asian Agri had paid an initial billion rupiah to the state treasury on Wednesday and would pay the remainder in monthly instalments of billion rupiah. All the fines would be paid by October, he said.
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Indonesian palm oil firm Asian Agri to pay $250 million tax fine
Asian Agri agrees to pay Rp trillion fine in installments - National - The Jakarta Post
The association grouping farmers with about hectares of plantations at Pelalawan, Riau province, has just proven that it is not impossible to get sustainability certificates as long as farmers are highly disciplined in implementing best farming practices. The Amanah Oil Palm Independent Smallholders Association grouping farmers with about hectares of plantations at Pelalawan, Riau province, has just proven that it was not impossible at all to get sustainability certificates as long as the farmers are highly disciplined in implementing best farm practices. These growers were the first independent smallholders not managerially tied with palm oil companies who gained certificates under the Roundtable on Sustainable Palm Oil RSPO scheme. He said his group received assistance from Asian Agri plantation group , Unilever and conservation organization WWF to build up their capacity in order to meet all the principles and criteria imposed by the RSPO.
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Whistle-blower in Asian Agri scandal released on parole
It ordered the company to pay 3. In Indonesia the last legal option beyond a Supreme Court ruling is judicial review, which requires appellants to present fresh evidence. The company — a subsidiary of Singapore-based conglomerate Royal Golden Eagle RGE — said it had commissioned an independent audit that found no irregularities in its tax payments. Asian Agri argued that during the period in question, its total profits were 1.
Also, the company's former tax manager, Suwir Laut, has been sentenced to two years in jail. The court found that between and the tax forms of 14 companies controlled by PT Asian Agri had contained false data as a deliberate strategy to evade tax. Supreme Court spokesman Ridwan Mansyur was quoted in the media as emphasising that although tax evasion was is seen as an "administrative affair," the Supreme Court judges regard it as a crime. The country's Corruption Eradication Commission is now considering whether to investigate other company directors. Investigation of PT Asian Agri began in , following allegations raised by a former financial controller at the company.